Safaricom’s Bonga Points loyalty program has rewarded millions of Kenyans over the years for using voice, data, and other services. However, despite their popularity, a shocking amount of these points go unused. By March 2022, unclaimed Bonga Points had accumulated to an estimated KES 4.5 billion in liabilities, according to industry disclosures. This means billions of shillings’ … Read more
The Kenya Revenue Authority (KRA) has temporarily suspended the filing of nil tax returns, a move that has sparked widespread debate among Kenyan taxpayers, especially students, unemployed citizens, and small business owners. Nil returns have long been a simple compliance requirement for individuals with no taxable income, making this suspension a significant policy shift. So, … Read more
Birju Sanghrajka is a seasoned international banker who has been appointed Managing Director and Chief Executive Officer of Standard Chartered Bank Kenya Limited, subject to regulatory approvals. His appointment marks a significant leadership transition at one of Kenya’s most established banking institutions, following the retirement of long-serving CEO Kariuki Ngari. With over 26 years of experience at Standard … Read more